Raymond James Financial posted record annual net revenue and record net income for the past year, marking the third consecutive year of historic achievements. 

According to InvestmentNews, the firm recorded $11.62 billion in net revenue and $1.73 billion in net income available to common shareholders, indicating a 6% and 15% increase, respectively, over fiscal 2022. In fiscal 2023, the firm's domestic private client group attracted $73.3 billion in net new assets, with an additional $14.2 billion in the fourth quarter, demonstrating annualized growth rates of 7.7% and 5% from the beginning of the period. 

Raymond James' private client group reported record annual net revenues of $8.65 billion, reflecting a 12% increase from fiscal 2022. Additionally, the firm reported a record annual pretax income of $1.76 billion, which marked a remarkable 71% increase from fiscal 2022, in part due to the growth of assets in fee-based accounts. 

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